Depfa Bank to skip March 21 dividends on €500 million preferreds

By Toni Weeks

San Diego, March 4 - Depfa Bank plc's board of directors decided the bank will skip the dividend payment on the €500 million of preferred securities issued by Depfa Funding IV LP, according to a company announcement filed with the London Stock Exchange.

The Dublin-based bank and subsidiary of Hypo Real Estate Holding AG said that the distribution payment was scheduled for March 21.

Questions may be directed to Karen Conway (+353 1 792 2009, karen.conway@depfa.com) or Michael O'Hanlon (+353 1 792 2056, michael.o'hanlon@depfa.com).

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